Beef: Exports up in 2020

Nicaragua remained during 2020 as the main exporter with $541.7 million, total sales in the region were $709.5 million at a price per kilo of $4.45.

Wednesday, October 6, 2021

Export of fresh and frozen beef in Central America Al December 31st, 2020  

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Figures from the Trade Intelligence Unit of CentralAmericaData: Click to interact with the graphicClick to interact with the graphic

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Nicaragua, Main Seller
During 2020, the region's leading exporter continued to be Nicaragua with $541.7 million, followed by Costa Rica with $111.3 million, Panama with $29.8 million, Honduras with $19.8 million and Guatemala with $5.9 million. El Salvador did not record significant exports.

For the period in question, Honduran sales increased 37.5% in year-on-year terms, Costa Rican sales increased 8.9% and Nicaraguan sales increased 3.7%. Guatemalan, Salvadoran and Panamanian exports reported declines of 28.5%, 93.6% and 1.6%, respectively.

Regional Sales Rising
Between 2019 and 2020, the value of fresh, refrigerated and frozen beef exports from Central America rose 4.35%, from $680 million to $709.5 million.

Regional sales to the U.S. increased by 5.18%, from $283.5 million to $298.2 million, and exports to El Salvador rose from $116.8 million to $120 million, an increase of 2.74%.

Destination of Exports
In the first nine months of 2020, 44% of the value exported from Central America was destined for the U.S., 11% for China, 8% for Puerto Rico, 7% for Mexico and 4% for Taiwan.

Export Prices
Between December 2019 and December 2020, the average price per kilogram exported of fresh, chilled and frozen beef from the region dropped from $4.61 to $4.45.

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More on this topic

Beef: Central American Sales Up 16%

April 2021

From January to September 2020, the countries of the region exported $527 million for beef, 16% more than what was registered in the same period of 2019, a rise that is explained by the behavior of Honduran, Panamanian, Costa Rican and Nicaraguan sales.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]

Beef Meat: Regional Sales Grow 4%

November 2019

From January to March 2019, the countries of the region reported $154 million in sales of beef abroad, and exports to Puerto Rico grew 12% over the same period in 2017.

Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]

Beef: U.S. Business Increases

April 2019

From January to September 2018, countries in the region reported $422 million in beef sales abroad, and exports to the United States grew 16% over the same period in 2017.

Data from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics]

Beef: Increasing Business with the US

September 2018

In the first quarter of the year, countries in the region reported $148 million in beef sales abroad, and sales to the United States increased by 25% compared to the same period in 2017.

Figures from the information system on the Fresh, Refrigerated and Frozen Bovine Meat Market in Central America, compiled by the  Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

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